Yes. As bonds get closer to their maturity date, the discount one would have to sell them at to garner a higher prevailing interest rate goes away. That is, the nominal loss "naturally" goes away over time. The article kind of explains this.
Yes. As bonds get closer to their maturity date, the discount one would have to sell them at to garner a higher prevailing interest rate goes away. That is, the nominal loss "naturally" goes away over time. The article kind of explains this.